About: Tony Welsh
Tony Welsh, president of Barbecana, Inc., was one of the founders of Welcom and was personally responsible for the development of the algorithms in Open Plan (time analysis, resource scheduling, and risk analysis), as well as being heavily involved in the design of the company’s earned value tool, Cobra. Welcom was sold to Deltek in March 2006. Tony recently formed Barbecana and developed Full Monte, a Microsoft Project add-in which performs cost and schedule risk analysis using Monte-Carlo simulation. Barbecana has just released version 2.0 of Full Monte, which includes new features such as unlimited correlations between task durations, visual feedback on entered distributions and correlations at the time of data entry, export of reports to CSV format, and sophisticated new sensitivity analysis capabilities. Full Monte is available at Barbecana.com, or visit the website to download a free 30-day trial.
All Articles and Webinars by Tony Welsh
Written on October 17, 2012, by Tony Welsh
There has been a lot of talk this year about the use of drivers in schedule risk analysis. The idea is that the correlations between task durations are the result of one or more outside influences (the drivers) and that their influence on task duration can and should be modeled directly. As a software vendor,…
Written on February 28, 2012, by Tony Welsh
Project schedules are concerned with the future. A project schedule is, in effect, a projection or forecast of how and when the project will be performed. This projection is typically made using the critical path method (CPM), which means that the projected dates are based upon the estimated durations of the various tasks and the…